Routing Number # 000303374

BankRoyal Bank of Canada (RBC)
Branch NameWaterloo-RT-ERB & IRA Needles
Routing Number000303374
Transit Number (MICR)03374-003
Address652 Erb St W-Unit B13
CityWaterloo
StateON
Postal CodeN2T 2Z7
Location Map of Royal Bank of Canada
Waterloo,ON
Location Map of Waterloo-RT-ERB & IRA Needles branch of Royal Bank of Canada in Waterloo,ON
 

Royal Bank of Canada

Waterloo-ON

List of Royal Bank of Canada routing numbers in Waterloo ( ON )
000303374

000305702 000307682 000307686
000307692

000307702 000307712 000307796
000307972

000309037    

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What is the Routing Number?

A routing number identifies the financial institution and the branch to which a payment item is directed. Along with the account number, it is essential for delivering payments through the clearing system.

In Canada, there are two formats for routing numbers:

EFT Routing Number

An Electronic Fund Transactions (EFT) routing number is comprised of a three-digit financial institution number and a five-digit branch number, preceded by a "leading zero".
Example : 0XXXYYYYY
  • 0 : Leading zero
  • YYY : Institution Number
  • XXXXX : Branch Number
The electronic routing number is used for routing electronic payment items, such as direct deposits and wire transfers.

MICR Number (Transit Number)

MICR Numbers or widely known as Transit Numbers are used in cheques processing. It appears on the bottom of negotiable instruments such as checks identifying the financial institution on which it was drawn.
A paper (MICR) routing number is comprised of a three-digit financial institution number and a five-digit branch number. It is encoded using magnetic ink on paper payment items (such as cheques).
Example : XXXXX-YYY
  • XXXXX : Branch Number
  • YYY : Institution Number
MICR stands for Magnetic Ink Character Recognition.